Uncategorized

INSS: Payroll rate for retirees is reduced by 1.7% in 2023

The National Social Security Council approved the cut in interest charged for taking out INSS loans.

Advertisement

The National Social Security Council approved the cut in interest charged for taking out loans for INSS retirees and pensioners. Thus, the interest ceiling on conventional loans will fall from the current percentage of 2.14% am to 1.7%. Out of 15 votes, 12 were in favor of the change and 3 votes were against.

The interest ceiling on transactions carried out by credit card was also changed, from 3.06% to 2.6% per month. The measure was considered essential for reviving the market and taking out new loans, now with a more attractive rate compared to the 13.75% of the current SELIC.

However, to come into force, the new rates depend on the publication of a normative instruction in the Official Gazette of the Union. According to the Ministry of Social Security, the new instruction must be published on Wednesday, the 15th.

Decision was celebrated by the minister

The Minister of Social Security, Carlos Lupi (PDT) celebrated the decision on his Instagram account saying that: “lowering interest rates is the flag of our government“. Lupi ended by saying “As far as the Ministry of Social Security depends, we will always be willing to help“, showing support for the measure.

The reduction was proposed by the Government and was approved, after studies by the CNPS, which is made up of representatives of the Government, retirees, companies and workers.

It is important to highlight that only new contracts will benefit from the new defined interest limit. Old contracts remain with the old tracks.

The INSS payroll loan

The INSS payroll credit is aimed at retirees and pensioners and the amounts are deducted directly from the beneficiary's payroll. Therefore, credit is considered less risky, as the money is charged directly at the source

Currently, there are 8 million retirees and pensioners with an active payroll loan contract and around 1.8 million have already committed to the credit use limit of 45% of the beneficiaries' income, according to the Ministry of Social Security.

João Inocentini, president of Sindnapi (National Union of Retirees) of Força Sindical, said that the banks' proposal was to maintain a slightly high rate, rising to 2.04% per month. Inocentini believes that the sudden drop in rates could mean that smaller banks are unable to operate the credit modality.

“I think we have to carry out calculations so that [smaller] banks continue offering, because the impact is very big. Those who need it most will have difficulty. It is necessary to lower the rate, because these are the ones who go to the favela, the countryside, the hinterland to make the consignment.”

Now a working group is about to be formed to discuss the fees that institutions pay for the payroll loan operation.

More news on the portal: ☕ CoffeePost:

About the author  /  Tiago Menger

Trending Topics

content

Synthesia: create creative videos using Artificial Intelligence (AI)

Personalize your videos and make them more engaging with avatars created by Synthesia's artificial intelligence!

Continue lendo
content

See 11 professions for those who don't like dealing with the public

There are several professionals with the most varied types of profiles. However, there are those who are introverted and end up preferring professions that don't involve many people.

Continue lendo
content

New Bolsa Família of R$ 1,062? Understand possible new value of the BENEFIT

The Federal Government announced a new Bolsa Família that could reach R$ 1062.00. Check information about the increase

Continue lendo

You may also like

content

Bolsa Família: Additional installment will only arrive in March; Understand

A good announcement was made last Wednesday (11). The new benefit of R$ 150 for families with children up to six years old registered with Bolsa Família will be paid from March.

Continue lendo
content

Benefits! New R$ 710 SERVE is now available; see if you get it

The new Bolsa Família withdrawal began on February 15th. In other words, Caixa Econômica has already deposited the installments and some families can receive up to R$ 710.

Continue lendo
content

Bolsa Família: R$ 300 package already has a payment date 

The federal government created the Bolsa Família calculation according to the profile and number of members of the family cycle covered.

Continue lendo